Auto Insurance News Archive for May, 2012

  • Auto insurance rates in massachusetts trends North

    by Richard Burton
    Auto insurance rates in massachusetts trends North

    The auto insurance rates in the state of Massachusetts, which saw a decline with the increase in the competition in this region about four years ago, is now trending up north. A number of auto insurance providers in the state have increased their auto insurance premiums over the last 24 months in order to keep pace with the increasing costs associated with car thefts, accidents and medical treatment for injuries.

  • PIP Auto insurance law flawed, claims lawmaker

    by Richard Burton
    PIP Auto insurance law flawed, claims lawmaker

    One of the lawmakers in the state of Florida is claiming that there is a glitch in new reforms that have been implemented, allowing insurance providers to deny claims to policy holders.

  • 10% U.S. market share for Honda after Q1 profit rise

    by Richard Burton
    10% U.S. market share for Honda after Q1 profit rise

    TOKYO- Honda just announced that the operating profit doubled after the company recovered from last year’s natural disaster. The year ahead is predicted to have a nearly tripling operating profit. The Asian sales are now surging, while the company registered a boost of its sales on the American market too. The company released a report that was offering details regarding the operating profit. The January-March number is of $1.4 billion (118.98 billion yen), a raise from the last year’s 46.21 billion yen. The net profit, which also includes the sales on the Chinese market, is of 60.7%, another rise from … (more) May 1, 2012